Property profile

- Parcel 1 Morgantown Industrial Park Morgantown, WV 26501

OFF-MARKET
Land
1.8 ac lot
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Property summary

AI-generated overview

This exceptional 1.8 to 28.3-acre development site is located within Morgantown Industrial Park, a highly visible business and industrial development in Morgantown, West Virginia. The property, identified as Parcel 1, presents a unique opportunity for various commercial ventures. Currently, four parcels ranging from 1.8 to 22 acres are available within Phase I, with the possibility of subdivision. Phase II offers five additional parcels, ranging in size from 3.6 to 25 acres. This prime location boasts unparalleled access to key transportation infrastructure. The park provides direct access to both rail and water transportation, placing businesses within easy reach of major arteries. Situated just a few miles from Interstates 79 and 68, the property enjoys excellent connectivity. Access is convenient via River Road or WV Route 45, which forms Dupont Road just south of the site at the park's entrance. The absence of zoning restrictions offers considerable flexibility for development plans. The asking price for this significant land parcel is $387,000. This presents a compelling investment opportunity in a thriving West Virginia location with exceptional transportation links. The property is situated in Monongalia County, WV, zip code 26501.

Property profile

Verified
Property type Land
Lot 1.8 ac (78,408 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

- Parcel 1 Morgantown Industrial Park Morgantown, WV 26501
Morgantown metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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